13F

Stock

Carmax Inc

KMX · held by 534 managers

Reported value

$5.62B

Holders

534

+4 new · −5 exited

Holders’ est. mark

−$186.1M

Price effect on 8 books still in the name

Largest holder

$689.7M

BlackRock, Inc.

Notable conviction

Share of each notable manager’s 13F book.

Holder count by quarter

Who holds it

Notable only
InvestorSharesValueEst. markChange
BlackRock, Inc.17.9M$689.7M—Held
Vanguard15.1M$582.6M—Held
Icahn Capital7.93M$306.4M—Held
SRS Investment Management, LLC5.64M$217.8M—Held
State Street5.05M$195.2M—Held
Apollo Management Holdings, L.P.5.05M$195M—Held
JANUS HENDERSON GROUP PLC4.53M$175.1M—Held
PRIMECAP MANAGEMENT CO/CA/4.37M$168.7M—Held
DIAMOND HILL CAPITAL MANAGEMENT INC4.21M$162.7M—Held
NORGES BANK4.12M$159.2M−$161.9MCut−$277.6M
DIMENSIONAL FUND ADVISORS LP3.99M$154M—Held
D. E. Shaw & Co., Inc.3.64M$140.8M—Held
TWO SIGMA INVESTMENTS, LP2.97M$114.7M—Held
First Pacific Advisors, LP2.92M$113M—Held
TWO SIGMA ADVISERS, LP2.91M$112.4M—Held
Baird Financial Group, Inc.2.66M$102.8M—Held
GEODE CAPITAL MANAGEMENT, LLC2.56M$98.9M—Held
MANUFACTURERS LIFE INSURANCE COMPANY, THE2.42M$93.6M—Held
MORGAN STANLEY2.3M$88.9M−$14.3MCut−$22.5M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP1.77M$68.5M—Held
UBS Group AG1.53M$59.2M—Held
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.35M$52M—Held
ENVESTNET ASSET MANAGEMENT INC1.34M$51.9M—Held
Renaissance Technologies1.15M$44.4M—Held
Invesco Ltd.1.14M$43.9M—Held
NORTHERN TRUST CORP1.09M$41.9M—Held
BANK OF AMERICA CORP /DE/1.04M$40.3M−$6.5MCut−$37.1M
Rings Capital Management LLC949K$36.7M—Held
Silver Heights Capital Management Inc931.2K$36M—Held
JANE STREET GROUP, LLC864.6K$33.4M—Held
Bank of New York Mellon Corp849.5K$32.8M—Held
NOMURA HOLDINGS INC778.1K$30.1M—Held
Focus Partners Wealth766.5K$29.6M—Held
BNP PARIBAS FINANCIAL MARKETS756K$29.2M—Held
MANE GLOBAL CAPITAL MANAGEMENT LP749.4K$29M—Held
AMERIPRISE FINANCIAL INC748.5K$28.9M—Held
AMERICAN CENTURY COMPANIES INC732.2K$28.3M—Held
TUDOR INVESTMENT CORP ET AL708.5K$27.4M−$1.06MAdded$19.7M
PRINCIPAL FINANCIAL GROUP INC697.8K$27M—Held
Fidelity679.3K$26.2M—Held
MILLENNIUM MANAGEMENT LLC667.3K$25.8M—Held
ARIEL INVESTMENTS, LLC563.5K$21.8M—Held
RAYMOND JAMES FINANCIAL INC549.8K$21.2M—Held
Framtiden Holdings Management Co LLC540K$20.9M—Held
CAPITAL FUND MANAGEMENT S.A.537.4K$20.8M—Held
ASSETMARK, INC513.4K$19.8M—Held
PUBLIC SECTOR PENSION INVESTMENT BOARD508.2K$19.6M—Held
Citadel498.4K$19.3M—Held
GOLDMAN SACHS GROUP INC471.4K$18.2M—Held
Nexus Investment Management ULC452.8K$17.5M—Held
Welch & Forbes LLC446.6K$17.3M—Held
Kiltearn Partners LLP442.2K$17.1M—Held
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC434.1K$16.8M—Held
Gotham Asset Management, LLC426.3K$16.5M—Held
Mount Capital Ltd410.4K$15.9M—Held
Trexquant Investment LP404.5K$15.6M—Held
Legal & General Group Plc395.8K$15.3M—Held
RHUMBLINE ADVISERS378.8K$14.6M—Held
IEQ CAPITAL, LLC331.3K$12.8M—Held
BARCLAYS PLC322.6K$12.5M−$2.01MCut−$11.5M
GAGNON SECURITIES LLC320.1K$12.4M—Held
Connor, Clark & Lunn Investment Management Ltd.309.1K$11.9M—Held
CLIFFORD SWAN INVESTMENT COUNSEL LLC300.6K$11.6M—Held
Swiss National Bank289.4K$11.2M—Held
MML INVESTORS SERVICES, LLC286.6K$11.1M—Held
Broad Run Investment Management, LLC285.5K$11M—Held
CANADA PENSION PLAN INVESTMENT BOARD268K$10.4M—Held
CITIGROUP INC262.4K$10.1M—Held
Nuveen, LLC254.3K$9.83M—Held
California Public Employees Retirement System249.6K$9.64M—Held
Cerity Partners LLC249.3K$9.63M—Held
LPL Financial LLC243.5K$9.41M—Held
WELLS FARGO & COMPANY/MN236.3K$9.13M—Held
QVT Financial LP230K$8.89M—Held
ROYAL BANK OF CANADA222.5K$8.6M—Held
PRUDENTIAL FINANCIAL INC217K$8.39M—Held
FIRST TRUST ADVISORS LP194.3K$7.51M—Held
FULLER & THALER ASSET MANAGEMENT, INC.176.8K$6.83M—Held
WEDGE CAPITAL MANAGEMENT L L P/NC175.4K$6.78M—Held
OPPENHEIMER & CO INC172.1K$6.65M—Held
Aquatic Capital Management LLC162.1K$6.26M—Held
OLD NATIONAL BANCORP /IN/158.6K$6.13M—Held
Quantinno Capital Management LP156.9K$6.06M—Held
BML Capital Management, LLC155K$5.99M—Held
Mariner, LLC153K$5.92M—Held
Cetera Investment Advisers152K$5.88M—Held
OSAIC HOLDINGS, INC.151.1K$5.84M—Held
AKRE CAPITAL MANAGEMENT LLC150.6K$5.82M—Held
WS MANAGEMENT LLLP150.5K$5.81M—Held
BANYAN CAPITAL MANAGEMENT, INC.146.2K$5.65M—Held
SEI INVESTMENTS CO143.7K$5.55M—Held
Engineers Gate Manager LP142.2K$5.5M—Held
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM139.3K$5.38M—Held
DAVENPORT & Co LLC137.2K$5.3M—Held
STIFEL FINANCIAL CORP136.7K$5.28M—Held
Markel Group Inc.136.5K$5.27M—Held
NEEDHAM INVESTMENT MANAGEMENT LLC129.5K$5M—Held
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM127.9K$4.94M—Held
BIGLARI CAPITAL CORP.125.4K$4.85M—Held
JPMORGAN CHASE & CO122.3K$4.73M—Held
Kinsale Capital Group, Inc.121.1K$4.68M—Held
Qube Research & Technologies Ltd119.8K$4.63M—Held
Weiss Asset Management LP119.1K$4.6M—New
Alberta Investment Management Corp112K$4.33M—New
KIRR MARBACH & CO LLC /IN/111.7K$4.31M—Held
Hillman Capital Management, Inc.111.1K$4.29M—Held
World Investment Advisors111K$4.29M—Held
FIRST MANHATTAN CO. LLC.106.5K$4.11M—Held
VOYA INVESTMENT MANAGEMENT LLC100.1K$3.87M—Held
BLAIR WILLIAM & CO/IL99.3K$3.84M—Held
Universal- Beteiligungs- und Servicegesellschaft mbH95.7K$3.79M—Held
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.96.1K$3.71M—Held
Quadrature Capital Ltd93.8K$3.62M—Held
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC88K$3.61M—Held
Steward Partners Investment Advisory, LLC93K$3.59M—Held
ProVise Management Group, LLC87.9K$3.4M—Held
FARLEY CAPITAL L.P.84.9K$3.28M—Held
Ruffer LLP82.2K$3.18M—Held
Asset Management Advisors, LLC81.7K$3.16M—Held
SUSQUEHANNA INTERNATIONAL GROUP, LLP81.7K$3.16M—Held
ALLIANCEBERNSTEIN L.P.80.8K$3.12M—Held
Qsemble Capital Management, LP80.8K$3.12M—Held
Illinois Municipal Retirement Fund76.4K$2.95M—Held
NISA INVESTMENT ADVISORS, LLC74.5K$2.88M—Held
IMC-Chicago, LLC73K$2.82M—Held
STATE OF WISCONSIN INVESTMENT BOARD71.1K$2.75M—Held
WORLDQUANT MILLENNIUM ADVISORS LLC70.5K$2.72M—Held
LONDON CO OF VIRGINIA70.4K$2.72M—Held
Louisiana State Employees Retirement System67.3K$2.6M—Held
Man Group plc67.2K$2.6M—Held
NEW YORK STATE COMMON RETIREMENT FUND66.4K$2.57M—Held
Woodline Partners LP66.4K$2.57M—Held
PRINCIPAL SECURITIES, INC.65.9K$2.55M—Held
TRUIST FINANCIAL CORP64.6K$2.5M—Held
Bridgewater64.6K$2.5M—Held
State of New Jersey Common Pension Fund D64.5K$2.49M—Held
INKWELL CAPITAL LLC64.1K$2.48M—Held
Creative Planning63.8K$2.47M—Held
Police & Firemen's Retirement System of New Jersey62.9K$2.43M—Held
MERCER GLOBAL ADVISORS INC /ADV62.3K$2.41M—Held
Y-Intercept (Hong Kong) Ltd58.2K$2.25M—Held
Lighthouse Investment Partners, LLC57.6K$2.23M—Held
Entropy Technologies, LP57.6K$2.22M—Held
MARSHALL WACE, LLP57.4K$2.22M—Held
PRELUDE CAPITAL MANAGEMENT, LLC56.6K$2.19M—Held
Corient Private Wealth LLC55.2K$2.13M—Held
Verition Fund Management LLC53.5K$2.07M—Held
Redmond Asset Management, LLC53.1K$2.05M—Held
YOUSIF CAPITAL MANAGEMENT, LLC43K$2.04M—Held
State of Tennessee, Department of Treasury44.8K$2M—Held
RBF Capital, LLC50K$1.93M—Held
MGO ONE SEVEN LLC49.2K$1.9M—Held
Amundi47.9K$1.85M—Held
MMCAP International Inc. SPC47.3K$1.83M—Held
HF Advisory Group, LLC46.1K$1.78M—Held
Pathstone Holdings, LLC45.5K$1.76M—Held
Zurcher Kantonalbank (Zurich Cantonalbank)45.5K$1.76M—Held
FORA Capital, LLC47.9K$1.73M—Held
Alpha Omega Wealth Management LLC44.2K$1.71M—Held
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO44.1K$1.71M—Held
NewEdge Advisors, LLC42.7K$1.65M—Held
COMERICA BANK42.6K$1.65M—Held
Greenline Partners, LLC42.5K$1.64M—Held
Midway Capital Research & Management42.1K$1.62M—Held
BIGLARI, SARDAR41.1K$1.59M—Held
Prescott Group Capital Management, L.L.C.41K$1.58M—Held
ARIZONA STATE RETIREMENT SYSTEM40.8K$1.58M—Held
Summit Trail Advisors, LLC37.8K$1.46M—Held
AVENIR CORP37.7K$1.46M—Held
Numerai GP LLC37.6K$1.45M—Held
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS36.4K$1.4M—Held
JONES FINANCIAL COMPANIES LLLP36.1K$1.39M—Held
B. Metzler seel. Sohn & Co. AG36.1K$1.39M—Held
PNC Financial Services Group, Inc.35.4K$1.37M—Held
Elevated Private Wealth, LLC35.2K$1.36M—Held
CAXTON ASSOCIATES LLP34.4K$1.33M—Held
CAPTRUST FINANCIAL ADVISORS34.4K$1.33M—Held
Atria Investments, Inc33.8K$1.31M—Held
OREGON PUBLIC EMPLOYEES RETIREMENT FUND33.6K$1.3M—Held
BROWN ADVISORY INC33.3K$1.29M—Held
Jefferies Financial Group Inc.33.3K$1.29M—Held
Voya Financial Advisors, Inc.32.4K$1.27M—Held
PDT Partners, LLC32.8K$1.27M—Held
UNITED CAPITAL FINANCIAL ADVISORS, LLC32.4K$1.25M—Held
Vision Capital Management, Inc.31.6K$1.22M—Held
KLP KAPITALFORVALTNING AS31.3K$1.21M—Held
Curi Capital, LLC31.1K$1.2M—Held
Argent Trust Co30.3K$1.17M—Held
Lakewood Asset Management LLC30.2K$1.17M—Held
Atlantic Union Bankshares Corp30.2K$1.17M—Held
Blackhawk Capital Partners, LLC29.5K$1.14M—Held
HEARTLAND ADVISORS INC29.5K$1.14M—Held
Maryland State Retirement & Pension System28.7K$1.11M—Held
HSBC HOLDINGS PLC26.8K$1.05M—Held
PEAK6 LLC27K$1.04M−$168.1KCut−$2.74M
Cannell & Spears LLC26.9K$1.04M—Held
CIBC WORLD MARKET INC.26.4K$1.02M—Held
Schonfeld Strategic Advisors LLC26.4K$1.02M—Held
Sompo Asset Management Co., Ltd.26.1K$1.01M—Held
CRUX WEALTH ADVISORS25.2K$973.2K—Held
TWIN CITY PRIVATE WEALTH, LLC25K$967.7K—Held
Freestone Capital Holdings, LLC25K$967.5K—Held
Utah Retirement Systems24.6K$950K—Held
Focus Partners Advisor Solutions, LLC24K$928.8K—Held
Long Road Investment Counsel, LLC24K$926.6K—Held
OP Asset Management Ltd24K$926.2K−$97.6KAdded$223.1K
Marathon Trading Investment Management LLC23.6K$912.9K—Held
Quantbot Technologies LP23.4K$905.1K—Held
COMMONWEALTH EQUITY SERVICES, LLC23.4K$904.3K—Held
VICTORY CAPITAL MANAGEMENT INC23.3K$898.8K—Held
Havemeyer Place LP23.2K$898.2K—Held
Quinn Opportunity Partners LLC23K$888.7K—Held
Pallas Capital Advisors LLC22.9K$885K—Held
Tidal Investments LLC22.9K$883.7K—Held
Jain Global LLC22.7K$877.7K—Held
Pictet Asset Management Holding SA22.7K$877.2K—Held
Sivia Capital Partners, LLC22.5K$870.2K—Held
Meriwether Wealth & Planning, LLC22.3K$861.5K—Held
XTX Topco Ltd22K$851.7K—Held
FSB PREMIER WEALTH MANAGEMENT, INC.22K$851.5K—Held
Krilogy Financial LLC18.7K$842.7K—Held
Orion Porfolio Solutions, LLC21.6K$835.4K—Held
Premier Path Wealth Partners, LLC21.5K$831.3K—Held
GUGGENHEIM CAPITAL LLC21.5K$830.3K—Held
DEUTSCHE BANK AG\20.5K$793.4K—Held
M&T Bank Corp20.3K$785.9K—Held
Geneos Wealth Management Inc.19.9K$768.2K—Held
Russell Investments Group, Ltd.18.8K$726.8K—Held
Rockbridge Capital Management LLC18.8K$726.7K—Held
FOX RUN MANAGEMENT, L.L.C.18.5K$715.7K—Held
GROUP ONE TRADING LLC18.5K$714.7K—Held
EVOLVE PRIVATE WEALTH, LLC18.5K$714.5K—Held
CIBC Private Wealth Group LLC18K$694.4K—Held
TEACHER RETIREMENT SYSTEM OF TEXAS17.4K$671.2K—Held
Merit Financial Group, LLC17.1K$660.4K—Held
LOGAN CAPITAL MANAGEMENT INC16.9K$653.6K—Held
Maia Wealth LLC15.9K$651.2K—Held
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC16.8K$648.5K—Held
GeoWealth Management, LLC16.4K$634.2K—Held
Birch Hill Investment Advisors LLC16.3K$629.8K—Held
Waverly Advisors, LLC16.3K$629.4K—Held
NEUBERGER BERMAN GROUP LLC16.2K$624.7K—Held
Cape Investment Advisory, Inc.15.6K$602.3K−$97.1KCut−$114.2K
PROFUND ADVISORS LLC15.1K$583.9K—Held
Vanguard Personalized Indexing Management, LLC15K$580.2K—Held
CIBC Asset Management Inc14.6K$565.8K—Held
SPWM Advisors LLC14.4K$556.1K—Held
REGIONS FINANCIAL CORP13.9K$535.7K—Held
Federation des caisses Desjardins du Quebec13.6K$526.6K—Held
Cynosure Group, LLC13.3K$514.4K—Held

Who left

Positions as of Q4 2025. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.